What a bribery fine tells us about the Black Box company data market

In April 2018, the US Securities and Exchange Commission (SEC) announced that The Dun & Bradstreet Corporation “agreed to pay $9 million to resolve Foreign Corrupt Practices Act charges arising from improper payments made by two Chinese subsidiaries”. According to the SEC’s order: “One subsidiary, part of a joint venture with a Chinese company, acquired … Continue reading What a bribery fine tells us about the Black Box company data market →

Building a tech or data platform? Ask these 6 questions first

From procurement and supply chain management tools, to accounting or customer relationship management systems… what is the common theme across all these tech platforms (and more)? They all generate value for their users by helping them better understand the companies they’re dealing with, for example when a CRM tool charts interactions with a firm across … Continue reading Building a tech or data platform? Ask these 6 questions first →

Connecting the dots with network analytics? Why your next investigation needs White Box data

Between 715 billion and 1.87 trillion Euros is laundered around the world each year, according to estimates from the United Nations Office on Drugs and Crime. That’s the equivalent of between 2 and 5 percent of global GDP. A key challenge in uncovering illicit financial flows is the incomplete picture analysts have, caused by poor … Continue reading Connecting the dots with network analytics? Why your next investigation needs White Box data →

[Webinar] Fighting Financial Crime: The White Box Company Data Revolution

On-Demand Webinar Watch webinar recording > Black Box company data is holding back the fight against financial crime. In a world where technology, transparency and inter-connected datasets are increasingly essential to uncover illicit activity involving companies – Black Box data is no longer fit for purpose. That’s why the White Box data revolution is underway: … Continue reading [Webinar] Fighting Financial Crime: The White Box Company Data Revolution →

Strata keynote: The irresistible rise of White Box Data

To coincide with our launch of OpenCorporates' new White Paper, The White Box Revolution – on how Black Box Data is being replaced with transparent, well-defined data with open IDs – our co-founder and CEO, Chris Taggart, last week presented a keynote at Strata EU, Europe's largest big data conference. Entitled the Irresistible Rise of … Continue reading Strata keynote: The irresistible rise of White Box Data →

Black Box Data addiction will kill your business, warns new report

For the past 50 years, companies, regulators, investigators and journalists have mostly used ‘Black Box’ data - data that is opaque, not well defined, uses proprietary identifiers, and has poor data quality feedback loops. But continued reliance on this data could put a firm out of business within five years, according to a new report by OpenCorporates.